Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$309,862$162,000
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$1,549$0
Note rate6.700%7.400%
Blended rate6.700%7.640%
1st payment$2,097.15$1,121.66
2nd payment$0.00$0.00
Taxes / mo$229.33$229.33
Insurance / mo$150.00$150.00
MI / mo$0.00$32.40
HOA / mo$395.00$395.00
Total monthly$2,871.49$1,928.39
Cash to close$0$18,000